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The number cruncher’s blog

Jacob Grodman

Tax Alert: Tabor Refund Bill

Tax Alert: Tabor Refund Bill passes Senate, awaits Governor’s signature Senate Bill 22-233 passed on May 10, 2022. If signed by the Governor, all eligible

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Blog Administrator

SKR+CO Promotes Buddy Newton to Tax Partner

Stockman Kast Ryan + Co, LLP (SKR+CO), the largest locally-owned certified public accounting firm in Southern Colorado, congratulates Buddy Newton, CPA , CVA®, as the eleventh member of the SKR+CO partner group.

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Jordan Empey, CPA, Tax Partner

New Stimulus Package Passed Dec. 21, 2020

The U.S. House of Representatives and U.S. Senate passed the Consolidated Appropriations Act, 2021 (bill), a massive tax, funding, and spending bill that contains a nearly $900 billion coronavirus aid package.

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Doreen Merz, CPA, Senior Tax Manager

5 Tips to Simplify Tax Time

April 15 always seems to sneak up, and surely this year will be no different. While there is no escaping the tax deadline, use the following tips to streamline the tax return process and minimize stress.

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Jordan Empey, CPA, Tax Partner

Forgiveness of PPP Loans May Reduce R&D Credit

The forgivable loan program known as the Paycheck Protection Program (PPP) was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide financial resources to small and mid-size businesses to enable them to maintain payroll and cover certain expenses during the coronavirus pandemic.

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Jordan Empey, CPA, Tax Partner

Loan Necessity Questionnaire for PPP Borrowers with Loans Over $2M

Small Business Administration (SBA) announced in an updated FAQ on the program that it will be auditing all Paycheck Protection Program (PPP) loans of $2 million or more. Borrowers whose loans meet this threshold amount might receive a Loan Necessity Questionnaire from their lender soon after they apply for loan forgiveness.

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Jordan Empey, CPA, Tax Partner

2020 Tax Planning Paradox

THE 2020 TAX PLANNING PARADOX – ACCELERATE INCOME TO LOWER YOUR TOTAL TAX LIABILITY   As 2020 winds down, it’s time to consider year-end planning.

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IRS Addresses the President’s Executive Order on Employee Payroll Tax Deferral

On August 28, 2020, the IRS issued Notice 2020-65 that provides some needed guidance for employers wondering whether and how to comply with the employee payroll tax deferral described in the August 8, 2020 Presidential memorandum (often referred to as an “executive order.”). Even though the Notice leaves many questions unanswered, it addresses some key items.

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Marjorie Noleen

SKR+CO Hires New Audit Partner

Stockman Kast Ryan + Co, LLP (SKR+CO), the largest locally-owned certified public accounting firm in Southern Colorado, welcomes Brian Tunnelle, CPA (CA) as the tenth

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